Great Rock Chip results. But we need to keep this in perspective!
Figures and data are potentially miss-leading. Figure 4 shows the Rock Chip sampling area as a zone approx 400 m x 150 m. Then in Figure 5 (when you look at it with a magnifying glass) shows a sampling corridor area of approx 15 m wide and 30 m long (somewhat smaller than the 400 m x 150 m zone).
They also report "Nickel enrichment in grab samples was confirmed at collection sites using a portable XRF analyser." Suggesting that they have selectively picked samples with grade for assay, rather than conducting a perspective sampling regime.
Section 19 of JORC-2012 states "Reporting of selected information such as isolated assays, isolated drill holes, assays of panned concentrates or supergene enriched soils or surface samples, without placing them in perspective is unacceptable".
AVQ Price at posting:
13.0¢ Sentiment: Hold Disclosure: Held
